Category 'Bacs'

Bacs, the organisation behind the Direct Debit and Direct Credit schemes, have published their 2019 processing calendar. It is available to download via the Bacs website in PDF format. The upcoming festive period of Christmas and New Year holidays is…

Pay.UK, the leading retail payments authority, formerly known as the NPSO , has published a prospectus outlining its search and requirements for a strategic partner to work with to deliver the New Payments Architecture (NPA). The prospectus outlines…

On Thursday 18th October, the leading retail payments authority Pay.UK announced the proposed change to payment authorisation of ‘Confirmation of Payee’ (CoP). The change is likely to come into force in 2019. Simply put, this change will ensure…

The leading retail payments authority in the UK – formerly known as the New Payment System Operator (NPSO) – recently announced its new name and brand: Pay.UK. The new identity promotes Pay.UK’s core purpose – transforming the UK’s payment infrastructure to…